Luna Innovations, Guess? And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session


Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


U.S. stock futures traded lower this morning. Here are some big stocks recording losses in today’s pre-market trading session.

  • Credit Suisse Group AG (NYSE:CS) dipped 22.3% to $1.95 in pre-market trading. Saudi Arabia's SNB said it cannot give more money to Credit Suisse because cannot go above 10% ownership due to regulatory issue.
  • Luna Innovations Incorporated (NASDAQ:LUNA) fell 14.3% to $8.20 in pre-market trading after the company posted weaker-than-expected Q4 results and issued weak Q1 revenue forecast.
  • Vacasa, Inc. (NASDAQ:VCSA) dropped 13.7% to $1.13 in pre-market trading after reporting Q4 results.
  • Merrimack Pharmaceuticals, Inc. (NASDAQ:MACK) declined 10.3% to $10.50 in pre-market trading. Merrimack Pharmaceuticals recently posted a FY22 loss of $0.11 per share.
  • Freshpet, Inc. (NASDAQ:FRPT) dropped 10.2% to $49.99 in pre-market trading after the company reported a proposed convertible senior notes offering.

Don’t forget to check out our premarket coverage here

  • Tremor International Ltd (NASDAQ:TRMR) fell 8.7% to $5.70 in pre-market trading after climbing around 10% on Tuesday.
  • B. Riley Financial, Inc. (NASDAQ:RILY) dropped 8.6% to $29.01 in pre-market trading. Synchronoss Technologies confirmed that on March 10, 2023, it received a non-binding proposal from B. Riley Financial to acquire all outstanding shares for $1.15 per share, payable in cash.
  • Deutsche Bank Aktiengesellschaft (NYSE:DB) fell 7.6% to $10.40 in pre-market trading.
  • ING Groep N.V. (NYSE:ING) fell 7.5% to $11.74 in pre-market trading.
  • Borr Drilling Limited (NYSE:BORR) dropped 7.3% to $6.45 in pre-market trading.
  • UBS Group AG (NYSE:UBS) fell 7.3% to $18.53 in pre-market trading.
  • Guess?, Inc. (NYSE:GES) dropped 6.2% to $19.96 in pre-market trading. The company posted upbeat quarterly results, but issued weak earnings forecast.

Now Read This: $32M Bet On This Utilities Stock? Check Out These 3 Stocks Insiders Are Buying


Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

Posted In: NewsPenny StocksSmall CapPre-Market OutlookMarketsMoversTrading Ideasbig losersBiotechnologyHealth CareTop Losers